Hansa Resources Limited

October 14, 2008 16:05 ET

Hansa Mobilizes Drill Rig to the Tetelo-Mavoio Copper Project in Angola

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 14, 2008) - HANSA RESOURCES LIMITED ("Hansa") (TSX VENTURE:HRL)(FRANKFURT:3F2). Mr. John Nugent, President, announces that the Company has mobilized a diamond drill rig to the Tetelo-Mavoio copper project in Northern Angola.

The Company signed a Memorandum of Understanding ("MOU") on April 18th, 2008 with Angolans Petroleum Services S.A.R.L. ("APServices") to acquire 70% of the 9,685 square kilometre Mavoio-Tetelo-Bembe exploration claim in the Uige Province of Northern Angola. The claim is elongate in a NNE-SSW trend between the "Maquela do Zombo" and "Bembe" villages near the border between Angola and the Democratic Republic of Congo.

Hansa is in the final stages of completing due diligence on the Tetelo-Mavoio copper project as provided under the MOU. The Company has now acquired and compiled relevant historical geological, drilling, mining and geophysical data for the project. Mr. Geoffrey Reed of Reed Leyton Consulting Ltd., Edinburgh, has been selected by Hansa as the independent qualified person for the Tetelo-Mavoio copper project. Mr. Reed recently completed a site visit with Hansa's Chief Geologist Pedro Carvalho, to inspect the evidence of historic exploration and mining activity and begin preparation of the first NI43-101 compliant technical report for the project.

During the due diligence diamond drill program, Hansa plans to twin two historic holes, M-73 and M-77, in the northern part of the Tetelo deposit. Some of the more significant intersections encountered in these historic holes include:

- M-73: 15.6m @ 0.8% Cu from 181.4m
5.5m @ 0.9% Cu from 213.5m
21.1m @ 0.9% Cu from 276.7m
7.2m @ 13.8% from 316.1m
19.6m @ 8.2% Cu from 327m
- M-77: 4.2m @1.0% Cu from 146.5m
4.3m @ 0.9% Cu from 190.1m
2.5m @ 3.9% Cu from 261.4m
20.4m @ 2.2% Cu from 269.9m
5.0m @ 1.8% from 320.6m

The Company also announces that its new website and URL, www.hansaresources.com, has now gone live. A technical presentation on the Tetelo-Mavoio copper project is now available for download from the new website.

The qualified person as defined by National Instrument 43-101 is Pedro Carvalho, Chief Geologist, Africa, for Hansa Resources and a Fellow of the Australasian Institute of Mining and Metallurgy. Mr. Carvalho has reviewed and verified the contents of this release.

On behalf of the Board,

John Nugent, President

Forward Looking Statement. This news release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.

The TSX Venture Exchange has not reviewed the information contained herein and, therefore, does not accept responsibility for the adequacy or accuracy of this news release.

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